Date Approved
01/23/2021
SBA Office Code
0405
Processing Method
PPS
Borrower Name
SCOTTSBORO DEVELOPMENTS LLC
Borrower Address
330 Research Ct Ste 200
Borrower City
Norcross
Borrower State
GA
Borrower Zip
30092-2971
Loan Status Date
11/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
111128.85
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Hampton Inn & Suites
Servicing Lender Location Id
39848
Servicing Lender Name
Cadence Bank
Servicing Lender Address
201 S Spring St
Servicing Lender City
TUPELO
Servicing Lender State
MS
Servicing Lender Zip
38804-4811
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GWINNETT
Project State
Project Zip
CD
GA-07
Jobs Reported
25
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
111125.85
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
111906.75
Forgiveness Date
10/06/2021